this time china is now accused of illegally subsidyizing auto parts that are bound for the united states. allison costic is watching all of this from the new york stock exchange. give us a sense of whether or not this will make a difference. we still have a huge trade deficit with china. >> reporter: exactly. we certainly do. you know, you've got the obama administration, president obama, coming out today and saying china is violating trade rules, and that has really been what gives china -- or their goods an unfair advantage over ones made by american companies. now, china, no doubt about it -- china is america's most important trading partner. it's a very important relationship between the u.s. and china, but there's also a huge imbalance. look at this. as of july our trade gap with china is more than $29 billion. here's why. it's because the u.s. exports to china were $8.5 billion, but look at how much we imported from china. almost $38 billion worth of goods. you know, we just keep buying stuff from there. we keep buying clothes and text times and shoes and technology from china beca